Boskalis acquires logistical management as well as transport and installation contract with combined value of USD 65 million
July 13 2018 - 2:00AM
Papendrecht, 13 July 2018
Royal Boskalis Westminster N.V.
(Boskalis) has acquired a sizable logistical management transport
contract and has received a letter of award for the transport and
float-over installation of an offshore platform with a combined
contract value of approximately USD 65 million.
The logistical management contract scope is for
the transportation of a large number of modules from a fabrication
yard in Asia to a plant being developed in North America. The
contract ties up two high-end open-stern heavy transport vessels
for approximately 475 vessel days each commencing late 2019.
Boskalis furthermore received a letter of award
from Malaysia Marine and Heavy Engineering Sdn Bhd for the
transportation and float-over installation of a topside for the
Bokor Central Processing Platform Phase 3 redevelopment project in
Malaysia. The topside will be constructed by their yard in Malaysia
and will be skidded onto an open-stern heavy transport vessel. For
the purpose of this project, an existing vessel will be modified
and become dynamic positioning (DP2) compliant allowing it to work
in close proximity to offshore structures. The project is due to be
executed in 2020.
Boskalis' strategy is aimed at benefitting from
key macro-economic factors which drive worldwide demand in our
markets: expansion of the global economy, increase in energy
consumption, global population growth and the challenges that go
hand in hand with climate change. These contracts emphasizes the
need for infrastructure to accommodate the continued demand for
energy.
fOR FURTHER INFORMATION
Investor relations:
Martijn L.D. Schuttevâer
press@boskalis.com
Press:
Arno Schikker
T +31 78 6969310
Royal Boskalis
Westminster N.V. is a leading global services provider operating in
the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round
solutions to infrastructural challenges in the maritime, coastal
and delta regions of the world with services including the
construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition,
Boskalis offers a wide variety of marine services and contracting
for the oil and gas sector and offshore wind industry as well as
salvage solutions. Furthermore, Boskalis has a number of strategic
partnerships in harbor towage and terminal services (Kotug Smit
Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco).
With a versatile fleet of more than 900 vessels and floating
equipment and 10,700 employees, including associated companies,
Boskalis operates in 90 countries across six
continents.
This press release can also be found on our
website www.boskalis.com.
PDF version of this
release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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